After the Gold Rush - A sustainable Olympics for London
Produced by Demos and the Institute for Public Policy Research in 2004.
This is a collection of essays examining the challenges of hosting a 2012 Olympics that will leave a positive legacy. It is fairly realistic in acknowledging the difficulty of achieving many of the lofty ambitions attached to hosting the games, and the gulf that can appear in between PR gloss and the reality that transpires.
As with other competitions between cities, such as the Capital of Culture, bidding cities are prone to advocacy rather than evidence when making their legacy claims. The result is often a mix of unfulfilled prophecies and unintended consequences, all compounded by the difficulty of isolating what costs and benefits are attributable to the Games and what are the product of wider processes and events.
It does however have a foreword by Tessa Jowell.
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Submitted by Charles Batsworth on Sun, 10/02/2008 - 16:17.

Sustainability: the sugar on the bitter pill of corporate profit
I am obliged to Charles Batsworth for indicating the continuing gulf between the 'headline hype' and 'the devil in the details' of actual delivery. I have been thinking about such things lately.
I think that there are three main theories about the socio-economic role of hosting mega-events. They are:
Social benefits can be better gained from mega-event expenditure by being embedded within a coordinated context of socially responsible urban regeneration.
Barcelona 1992, Sydney 2000, London 2012
A long-term widening and distortion of the gap in access to social capital occurs between the benefits to 'urban elites' in business and politics and the disastrous displacement of public funding from the poor.
Barcelona 1992, Beijing 2008, London 2012
I take issue with the prevailing editorial ideology which is evident in 'After the Gold Rush'. They propose the socio-economic role of the Olympics belongs within the Welfare Capitalist mode.
Although Fred Coalter gets nearer the mark for me:
Better still is C Michael Hall
See also: Sport as Catalyst